Bankruptcy Or Buyout Imminent For Knight Capital Group
By Adam Gefvert : As I stated in my article yesterday, there was a risk of bankruptcy for Knight Capital Group ( KCG ) because of its trading glitch. Today that risk is stronger than ever. Every ramification that I mentioned in that article is now amplified. Knight Capital Group's trading losses ...
Read the rest of this article on Financial Sector and Stocks Analysis from Seeking Alpha
Related Videos
-
Will the Next Municipal Shoe Drop on Bondholders?Despite the scare of recent bankruptcies and downgrades, municipalities have the resources to continue making bond payments, while looming tax increases likely won't affect muni demand, says Morningstar's Jeff Westergaard.
-
Berkowitz on Opportunity in BankruptciesThe Fairholme manager comments on the fund's significant investment in the convertible bonds and bank debt of bankrupt mall operator General Growth Properties.
-
Better Bankruptcies a Positive for Distressed Debt InvestorsA shorter, more orderly bankruptcy process is good news for distressed debt investors, but it does shift the game a little bit, says Third Avenue's Jeff Gary.